Landlords are accused of colluding to raise rents. See where.
Millions of rents across the country may now be set using one company’s algorithmic software, according to a federal lawsuit and a Washington Post analysis.
DC residents react to DOJ suing six landlords for colluding to keep rental prices high
High rent prices in D.C. have long frustrated residents in the District. “When I was looking at prices, I said, ‘Can you write down the prices of the units we saw?’ And they said no because the prices change every day,
DOJ Adds 6 Major Landlords to Lawsuit Over Algorithmically Inflating Americans’ Rents
Federal prosecutors sued the real estate software company RealPage in August, now they're suing some of the company's biggest customers.
Justice Department accuses 6 major landlords of keeping rents high
The lawsuit arrives as U.S. renters continue to struggle. The latest figures show that half of American renters spent more than 30% of their income on rent and utilities in 2022, an all-time high.
DOJ sues RealPage, landlords for colluding to inflate rents: Houston renters impacted
The Department of Justice alleges several property management companies colluded to inflate rents using algorithmic software, harming millions of renters in Houston and across the country.
US Justice Department accuses 6 big landlords of colluding to keep rents high
Prosecutors said the landlords used an algorithm to help set rents and privately shared sensitive information with their own competitors to boost profits.
Lawsuit: Pricing algorithm inflated rental prices across country
Creation of a pricing algorithm in coordination with a software company has created a lawsuit by the North Carolina’s attorney general, the federal government and nine
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How Property Management Software Can Help Landlords Increase Their Revenue and Avoid 'Nightmare' Tenants
The best course of action ... the likelihood that a nightmare tenant will darken your doorstep. The number one prevention method is using property management software. Quality property ...
Business Insider9mon
Landlords have a secret weapon
Rents are soaring. Is a popular software tool to blame? Landlords have a lot of built-in leverage over renters. Moving is a pain, so tenants are more likely to accept rent hikes. Developing new ...
The Sacramento Observer3d
Landlords are using AI to raise rents—and cities are starting to push back
Stacker Adriana Heldiz // CalMatters; iStock, RentCafe (Stacker) - If you've hunted for apartments recently and felt like all ...
The White House Estimates RealPage Software Caused U.S. Renters To Spend An Extra $3.8 Billion Last Year
The White House has accused RealPage, the rental price-setting algorithmic software widely used by landlords and managers, of ...
StamfordAdvocate1mon
Robo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rents
The Justice Department accused the company of selling software to landlords that collects nonpublic information from competing landlords and uses that combined information to make pricing ...